Agree. I guess the market is concerned about what may happen to that PE. We shall see. In any event, I am definitely going to start to buy maybe 600-800 shares of INTC, 100 at a time, over the next several months. I have been waiting for this moment, so will now dive in. Also, T is getting cheap again, and yielding over 5%. INTC, AAPL, MSFT, T...all excellent buys, and great long term dividend payers. AAPL is the sleeper; I think they will grow its dividend (now about 2.1%) significantly over the coming years.